How do I make an amendment to prior year returns if I had filed jointly and am now divorced? I never depreciated my rental property so am wanting to make that adjustment since it will likely decrease my tax liability.
You'll need to sign in or create an account to connect with an expert.
You need to see an accountant. First, would you need his signature, and second, there are other issues about retroactive depreciation that make it more complicated than it seems. There is also a form you may be able to file this year to correct the depreciation issue without amending any prior returns, but that form is too complicated and esoteric for most non-accountants.
You need to see an accountant. First, would you need his signature, and second, there are other issues about retroactive depreciation that make it more complicated than it seems. There is also a form you may be able to file this year to correct the depreciation issue without amending any prior returns, but that form is too complicated and esoteric for most non-accountants.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mdmatulaitis
Level 1
dac10012
Returning Member
Lindas0248
Level 2
mfviola
Returning Member
austin-ryan-brodie
New Member